You make a Lease Purchase with the seller, then make another one with your Tenant Buyer. This type of transaction is referred to as a sandwich lease.
This will only work if you have in your Lease Purchase with the Seller, the right to sublease all, or any portion, of the property during the term of your Lease Purchase.
maxwell,
You make a Lease Purchase with the seller, then make another one with your Tenant Buyer. This type of transaction is referred to as a sandwich lease.
This will only work if you have in your Lease Purchase with the Seller, the right to sublease all, or any portion, of the property during the term of your Lease Purchase.
Dave
[addsig]
Thanks Dave- We've been doing that and I never realized that was what it was called.